Team Lead, Transaction Monitoring

Job Grade: SBO - AM

Reports to: Head, Financial Crime Monitoring

Group: Conduct & Compliance

Job Overview: To lead the Transaction Monitoring function by overseeing alert review, investigation, and escalation processes in line with CBN AML/CFT/CPF Regulations and NFIU guidelines, ensuring effective financial crime detection, regulatory compliance, and operational efficiency.

Key Responsibilities

• Supervise and coordinate Transaction Monitoring Analysts; allocate workload; ensure adherence to SLA, quality, and productivity standards.
• Review complex and high-risk alerts; validate investigations; approve escalations for STR filing in line with NFIU requirements.
• Oversee end-to-end monitoring processes; ensure effective alert generation, review and disposition.
• Ensure compliance with CBN AML/CFT/CPF regulations, BOFIA, and NIFU reporting obligations; oversee timely reporting.
• Monitor quality of investigations and documentation; conduct reviews to ensure consistency and accuracy across the team.
• Identify emerging financial crime trends, typologies, and systemic risks; recommend mitigation strategies.
• Liaise with Compliance, Audit, Business Units, and senior stakeholders; manage escalations and reporting requirements.
• Track team performance; prepare management reports on alerts, trends, and risk exposures.
• Identify process gaps; drive automation, system optimization, and operational efficiency initiatives.
• Lead audit engagements; ensure audit readiness; respond to regulatory inquiries and examinations.
• Coach and mentor team members; support capability development and knowledge transfer.

Requirements

Skills/Competencies

• Leadership, risk assessment, problem-solving, regulatory compliance, and strategic thinking.
• Strong communication, integrity, resilience, and stakeholder management skills.
• Team management, coaching, performance management, and decision-making capabilities.
• Strong investigative, analytical, and reporting capabilities; proficiency in monitoring and analytics tools.
• Advanced knowledge of AML/CFT/CPF regulations (CBN, NFIU, FATF) and transaction monitoring frameworks.

Academic Qualifications & Experience

• Bachelor’s degree in Finance, Accounting, Business Administration, Law, or related field.
• 6–10 years’ AML/Transaction Monitoring experience with leadership exposure.
• ACAMS, ICA, CFE certifications
• Experience in Tier 1 or multinational bank; exposure to regulatory engagements and advanced monitoring systems.

Only shortlisted candidates will be contacted for interviews.